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Lutein Market Size, Share, Trends, Growth, and Forecast to 2022

The lutein market is estimated to reach USD 263.8 Million by 2017 and is projected to reach USD 357.7 Million by 2022, at a CAGR of 6.3% from 2017. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. The global market has been largely driven by the growing demand for lutein in the dietary supplements market. Lutein is mainly used for preventing eye diseases such as AMD and cataract. Companies are currently focusing on the application of lutein in food and beverages, as well as personal care products.

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Lutein Market Size, Share, Trends, Growth, and Forecast to 2022

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  1. MarketsandMarkets™ Presents Lutein Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/lutein-market-69753879.html

  2. The report "Lutein Market by Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), Source (Natural, Synthetic), Application (Food, Beverages, Dietary Supplements, Animal Feed), Production Process, and Region - Global Forecast to 2022", The lutein market is estimated to reach USD 263.8 Million by 2017 and is projected to reach USD 357.7 Million by 2022, at a CAGR of 6.3% from 2017. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. The global market has been largely driven by the growing demand for lutein in the dietary supplements market. Lutein is mainly used for preventing eye diseases such as AMD and cataract. Browse 93 market data Tables and 35 Figures spread through 124 Pages and in-depth TOC on "Lutein Market - Global Forecast to 2022“ Asia Pacific is projected to be the fastest-growing regional market for lutein. The Asia Pacific region is projected to be the fastest-growing market for lutein over the next five years, owing to increase in overall economic growth which has led to an increase in urbanization and rapid industrialization and subsequent growth in the consumer markets of China, India, Australia, and Japan. In this region, countries such as India, China, and Japan hold a major share of more than 60% of the Asia Pacific lutein market. India is one of the fastest-growing markets for lutein in the Asia Pacific region. The changing lifestyle and preferences, increasing awareness regarding the benefits of lutein, the growth of the health-conscious population, higher disposable incomes, and growth of the middle-class population are some of the factors driving the growth of lutein the market in India. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69753879

  3. The years considered for the study are: • Base year – 2016 • Estimated year – 2017 • Projected year – 2022 • Forecast period – 2017 to 2022 • The objectives of the report • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders • To analyze the competitive environment of this market • To provide the analysis of the research & development spending and funding activities in the lutein market • To project the size of the market, in terms of value (USD million) in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW) • To strategically profile the key players and comprehensively analyze their core competencies • To analyze the competitive developments expansions, acquisitions, joint ventures/partnerships/collaboration, and new product launches—in the lutein market • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=69753879

  4. The dietary supplements segment expected to dominate the lutein market through 2022. In 2016, the dietary supplements segment accounted for the largest share, by application, in the lutein market in terms of value and volume, as lutein is mainly associated with the eye health and is increasingly used as an ingredient in the eye health supplements. Naturally sourced lutein is projected to be the faster-growing market during the forecast period. The natural segment is projected to grow at a higher CAGR from 2017 to 2022. Growing awareness about the benefits of naturally obtained lutein and the increasing health conscious population leads to increased spending on high-quality lutein products, subsequently driving the market for naturally sourced lutein. The emulsions segment is projected to be the fastest-growing segment in the lutein market from 2017 to 2022. The demand for emulsion form of lutein is increasing around the globe, especially in developing countries such as China, India, and Brazil. Lutein emulsion is generally used in food and beverage applications and is currently used in cosmetics as well. Fortified food emulsion is widely used in the functional food segment wherein carotenoid-protein complex is used to prepare an emulsion. Leading players are gradually expanding their product range by developing lutein emulsion for the food industry. The emulsion segment is hence projected to be the fastest-growing segment in the lutein market from 2017 to 2022. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=69753879

  5. The beadlet and emulsion form segments are expected to witness high growth during the forecast period. The growth can be attributed to the growing novel compounding techniques and microencapsulated techniques to improve the stability, solubility, and bioavailability of lutein. With the rising technological advancements, manufacturers in the lutein industry are now focusing on a broader field of applications. • This report studies marketing and development strategies, along with the product portfolios of leading companies such as BASF (Germany), Chr. Hansen (Denmark), E.I.D. Parry (India), Kemin (US), OmniActive (India), and Zhejiang Medicine (China). Other significant players include DDW The Color House (US), Döhler (Germany), Lycored (Israel), PIVEG (US), Allied Biotech (Taiwan), and FENCHEM (China). • Target Audience: • Associations and industry bodies • Commercial research & development (R&D) institutions • Lutein manufacturers and suppliers • Raw material suppliers and distributors • Traders, distributors, and retailers • Carotenoid/natural color industry players • Researchers • Industry experts • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=69753879

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ https://mnmblog.org/market-research/agriculture Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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